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85 Market Street, Paterson, NJ 07505 Property Information

85 Market Street, Paterson, NJ 07505 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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85 Market Street, Paterson, NJ 07505
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Address

Primary address 85 Market Street, Paterson
Zip code 07505
County Passaic
Municipality Paterson City
Block 4605
Lot 13
Neighborhood Downtown Paterson

Sales & Tax Overview for 85 Market Street, Paterson

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Sale date 02/23/1995
Sale price $500,000
Arm's length
Property tax $12,508

Lot & Building Information for 85 Market Street, Paterson

Building sqft 1,494
Building class Commercial (4A)
Acreage 0.052
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 85 Market Street, Paterson

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About 85 Market Street, Paterson

How many square feet does 85 Market Street, Paterson, NJ 07505 have?

This Commercial (4A) located at 85 Market Street, Paterson, NJ 07505 has a total of 1,494 square feet.

What is the assessed value of 85 Market Street, Paterson, NJ 07505 and the property tax paid?

Assessed at $245,500, the tax amount paid for 85 Market Street, Paterson, NJ 07505 is $13,097.

When was 85 Market Street, Paterson, NJ 07505 last sold and what was the last sale price?

85 Market Street, Paterson, NJ 07505 was last sold in 02/23/1995 for $500,000.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 85 Market Street, Paterson

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Purchase date Purchase price Buyer name Seller name
02/23/1995 $500,000

Title Documents for 85 Market Street, Paterson

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
02/23/1995 - D Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 85 Market Street, Paterson

Access detailed property tax data for 85 Market Street, Paterson, NJ 07505. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $12,508
Market value $245,500

Assessment History for 85 Market Street, Paterson

Here's the assessment & property tax history for 85 Market Street, Paterson, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2024 $245,500 $245,500 5.095 $12,508 -16.49%
2023 $305,500 $305,500 4.903 $14,979 +5.62%
2022 $305,500 $305,500 4.642 $14,181 +3.71%
2021 $305,500 $305,500 4.476 $13,674 +7.21%
2020 $305,500 $305,500 4.175 $12,755 +8.22%

Demographics By Zip Code

Total population 4,617
Median age 37
Average household income $46,920
Family households 50.2%
Occupied housing units 1,593
Owner occupied units 1.6%
Average number of people per household 2
Median year structure built 1948
Median value for units with a mortgage $0
Median value for units without a mortgage $0

Risk

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FEMA flood zone(s) X (See more on map)
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Geohazard zones map

Transportation

Access the detailed traffic volume map for 85 Market Street, Paterson to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 85 Market Street, Paterson

Here are the neighbors for 85 Market Street, Paterson.

Address Square feet Purchase date Purchase price
83 Market St, Paterson 8,400 04/18/2024 $1
20 Cianci St, Paterson 3,385 12/09/1996 $120,000
54-56 Ellison St, Paterson 02/06/2020 $1
81 Market St, Paterson 6,088 02/23/1995 $500,000
36-38 Ellison St, Paterson 10/06/1999 $42,500
100 Prospect St, Paterson 3,592 11/19/2021 $10
8 Ellison St, Paterson 02/06/2020 $1
97 Market St, Paterson 7,886 04/15/2015 $800,000
101 Market St, Paterson 8,508 01/23/1979 $51,000
51-53 Cianci St, Paterson 16,014 12/03/2024 $1
87 Market St, Paterson 5,985 05/30/1997
47-49 Cianci St, Paterson 7,593 11/18/2005 $775,000
10-34 Ellison St, Paterson
99 Market St, Paterson 4,355
89 Market St, Paterson 4,744 12/23/2002
91 Market St, Paterson 8,668 10/29/2009
55 Cianci St, Paterson 4,950 02/23/1995 $500,000
93 Market St, Paterson 3,660 11/23/2009
10 Mill St, Paterson 02/06/2020 $1
95 Market St, Paterson 5,720 12/12/2025 $1,105,000

Nearby ZIP Codes for 85 Market Street, Paterson

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